Tag: Borrowing
Banks Are Borrowing More From the Fed: What to Know
As turmoil sweeps the United States financial system, banks are turning to the Federal Reserve for loans to get them through the squeeze.
www.nytimes [...]
Decentralized Borrowing Protocol Liquity’s LQTY Token Soars Amid USDC Chaos
While LUSD is meant to retain its dollar-peg, Liquidity’s secondary token LUSD has seen the upside. LQTY, which has a total supply of 100 million and [...]
Aave Advances Plan to Nix Borrowing, Lending of Binance’s BUSD Stablecoin
Members of Aave’s decentralized autonomous organization (DAO) voted overwhelmingly in favor of a proposal to dramatically increase the cost of borrowi [...]
DeFi Protocol Tender.fi's TND Token Plunges 34% as Protocol Pauses Borrowing
TND, the native token of decentralized finance (DeFi) protocol Tender.Fi, has slumped by 34% after the platform announced that it paused borrowing on [...]
Decentralized Lending Protocol Clearpool to Start Institutional Borrowing Platform
Clearpool is a blockchain-based credit marketplace that connects borrowers to lenders with hosting borrowing pools. Lenders, when they provide liquidi [...]
Tether CTO denies borrowing from bankrupt lender Celsius
Tether (USDT) — the world’s largest stablecoin by market capitalization — has never received any loan from the bankrupt cryptocurrency lender Celsius, [...]
Energy bill help pushes UK borrowing to 30-year high
Government borrowing hit the highest level for a December since records began in 1993.
www.bbc.co.uk [...]
America Set to Hit Its Borrowing Limit Today, Raising Economic Fears
The milestone will not immediately affect markets or growth, but it sets the stage for months of entrenched partisan warfare.
www.nytimes.com [...]
Government borrowing in November highest on record
Official figures show the government spent £22bn more than it raised - the highest ever figure for the month.
www.bbc.co.uk [...]
UK government borrowing higher as energy bill support help begins
Michal Stelmach, senior economist at KPMG, said borrowing in October "was largely driven by the energy price cap for households which came into force [...]
What to look for in your credit report to lower borrowing costs
vitapix | E+ | Getty ImagesYour credit score can make or break your ability to open a credit card or buy a new car or home at attractive interest rate [...]
Tax U-turn lifts pound as borrowing costs fall
Chancellor Kwasi Kwarteng remains under pressure to detail how he will pay for wider tax cuts.
www.bbc.co.uk [...]
Fed Preview: Bitcoin Investors to Look Past Jumbo Rate Hike and Focus on Economic Assessment and Borrowing Cost Estimates
The economy has remained stronger than policymakers expected in July. So hawkish risk is that chairman Powell says the inflation fight is still in ear [...]
Compound Treasury to let institutions use digital assets as collateral when borrowing USD or USDC
Compound Treasury, a cash management solution for institutions powered by the Compound Protocol, announced on Sept.14 that accredited institutions can [...]
Why DeFi Protocols Are Limiting ETH Borrowing Ahead of Ethereum’s Merge
The risks for both protocols, Compound and Aave, and perhaps other DeFi lenders, are similar: Airdrop speculators could suction up ETH deposits thereb [...]